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The Chrysler Building in New York City is one of the properties in the portfolio of Austria's real estate giant Signa, which is seeking court protection to restructure its operations

Austria Property Giant Signa To File For Insolvency

Austrian real estate giant Signa -- whose vast portfolio includes New York's iconic Chrysler building -- on Wednesday announced it would initiate insolvency proceedings, filing for court protection as it undergoes restructuring.


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